Franchise Fees
The Franchise Fees section provides a dedicated view for managing costs and pricing from the franchisee perspective, ensuring accurate billing and clear financial visibility.
Cost Structure
Section titled “Cost Structure”Charges are organized into categories such as:
- Common Add-Ons
- Other Add-Ons
- Payroll Charges
- Time Clock
Each category groups related services, making it easier to manage and review applicable costs.
Fee Details
Section titled “Fee Details”Each charge includes key pricing components:
- Hard Cost – The base cost of the service
- Suggested Price – Recommended pricing guidance
- Client Fee – Final amount charged to the client
- Profit – Margin calculated from cost and client fee
- Billing Unit – Defines how the fee is applied (e.g., flat fee)
- Effective Date – When the fee becomes active
This structure ensures transparency and consistency in pricing.
Managing Fees
Section titled “Managing Fees”The section allows for:
- Adding new charges
- Updating pricing and fee structures
- Organizing charges into categories
- Maintaining accurate and up-to-date cost data
Service inclusions can also be defined to outline what is covered within each charge.
My Costs Overview
Section titled “My Costs Overview”The My Costs view provides a monthly financial summary, including:
- Total Monthly Cost – Overall non-billable expenses
- Fixed Monthly Cost – Recurring fixed charges
- Variable Monthly Cost – Costs based on usage or percentages
- Revenue – Calculated from active services
Inputs such as users, hours, and revenue values are used to calculate these totals.
Cost Breakdown
Section titled “Cost Breakdown”A detailed breakdown shows how costs are calculated, including:
- Billing setup components (e.g., royalty and marketing fees)
- Fixed costs per service
- Variable costs based on revenue or usage
This provides full visibility into how totals are derived.
Reports
Section titled “Reports”The reporting section provides access to invoice data, including:
- Invoice periods and versions
- Status of generated invoices
- Total billed amounts
This supports financial tracking and review across different periods.
The Franchise Fees section ensures that franchisees have clear control over their costs, pricing, and financial performance.